Valence Technology Announces Webcast and Access Information for Fiscal 2007 First Quarter Earnings Conference Call

Valence Technology, Inc. (NASDAQ:VLNC), provider of
Saphion(R) technology, the industry's first commercially available,
safe, large-format lithium-ion rechargeable battery technology, will
conduct its fiscal 2007 first quarter earnings conference call on
August 15, 2006 at 3:00 p.m. Central Daylight Time (CDT).
   To access the webcast, please log on to www.valence.com and go to
Investors and then to Calendar. To listen to the live webcast, please
go to this website approximately fifteen minutes prior to the start of
the call to register, download, and install any necessary audio
software. For those unable to participate during the live webcast, a
replay will be available shortly after the call on the web site for 30
days.
   To participate in the conference call by telephone, please call
800-946-0742 at approximately 2:45 p.m. CDT. Please provide the
following ID Number: 7449250. A telephonic replay will be available
from 5:00 p.m. CDT on Tuesday, August 15, 2006 through 11:59 p.m. CDT
on Monday, August 21. To access the replay, please call 888-203-1112.
Please enter the following ID Number: 7449250.

   About Valence Technology, Inc.

   Valence Technology develops and markets intelligent battery
systems based on its Saphion(R) technology, the industry's first
commercially available, safe, large-format Lithium-ion rechargeable
battery technology. Valence Technology holds an extensive, worldwide
portfolio of issued and pending patents relating to its Saphion
technology and lithium-ion rechargeable batteries. The company has
facilities in Austin, Texas, Las Vegas, Nevada, and Suzhou, China.
Valence Technology is traded on the NASDAQ Capital Market under the
symbol VLNC and can be found on the Internet at www.valence.com.